Monthly Archives: <span>January 2006</span>

Targets Markets Program Administrators Studying Program Business

The Target Markets Program Administrators Association based in Wilmington, Del., will be conducting a study to determine the current size of the U.S. Program Business marketplace. Conducted by Benfield Inc., the TMPAA study will collect information regarding the total number …

RMS: New TRIA Structure Shifts Risk Burden to Insurance Industry

Newark, Calif.-based Risk Management Solutions (RMS) recently assessed the risk of terrorism and quantified how the terms of the December 2005 renewal of the Terrorism Risk Insurance Act (TRIA) would shift the relative share of the risk from the government …

American National Bank Acquires Dallas-based Independent Agency Sleeper, Sewell

The American National Bank of Texas of Terrell, Texas, has acquired Dallas-based insurance agency Sleeper, Sewell & Company. Terms of the transaction were not announced. Led by President and CEO Robert A. Hulsey, American National Bank has banking centers in …

Fla. Seaplane Crash Victims File Wrongful Death Lawsuit for Chalk’s Airline Insurance Proceeds

A lawsuit asking a Miami-Dade Circuit Court to make sure victims of a Chalk’s Ocean Airways crash receive their share of the company’s insurance money was filed on Tuesday by relatives of a woman and her infant daughter who were …

Okla. AG Warns of Fraud After Fires

Attorney General Drew Edmondson is warning Oklahomans who lost homes and other property in recent wildfires to beware of being victimized again, this time by fraud. More than 200 homes and businesses have been destroyed by wildfires over the past …

CEO of La.’s ‘Last Resort’ Insurer not Happy About Growth

Growth is good for most businesses but the chief executive officer for Louisiana Citizens Property Insurance Corporation is sorry to predicting a 40 percent to 50 percent growth rate in the coming one to two years for his company’s business. …

Hallmark Acquires Aerospace Holdings

Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its previously disclosed acquisition of Aerospace Holdings LLC. According to Hallmark, Aerospace Holdings, through Aerospace Insurance Managers Inc. and other wholly owned subsidiaries, markets and services general aviation property and casualty …

QualCorp, Inc. Announces QueryPlus Reporting Tool

QueryPlus is a reporting tool that reads every database you operate on your LAN/WAN simultaneously and in real time. Regardless of location or size of your database! QueryPlus connects the information from any of these databases: Access, dBASE, Informix, MySQL, …

Workers’ Compensation Reform Tops PCI’s 2006 Legislative Agenda in S.C.

Comprehensive reform of the South Carolina workers’ compensation system, including the repeal of the Second Injury Fund are the top legislative priorities of the Property Casualty Insurers Association of America during the state’s 2006 legislative session in Columbia, S.C. “Workers’ …

Minor Earthquake Hits Illinois, Tremors Reported in Indiana, Kentucky

A minor earthquake hit a small town in southern Illinois yesterday, raising questions again about the threat of a major earthquake for states sitting on or near the New Madrid fault line. The quake struck yesterday at 3:48 p.m. and …